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Session Laws, 1910 Session
Volume 487, Page 54   View pdf image (33K)
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54 LAWS OF MARYLAND.

entitled under the provisions of this Act, to the possession of
the goods on payment of charges thereon, Otherwise, the ware-
houseman shall retain possession of the goods according to the
terms of the original contract of deposit.

SEC. 34. If goods are of a perishable nature, or by keeping
will deteriorate greatly in value, or by their odor, leakage,
inflammability or explosive nature will be liable to injure other
property, the warehouseman may give such notice to the owner,
or to the person in whose name the goods are stored, as is
reasonable and possible under the circumstances to .satisfy the
lien upon such goods and to remove them from the warehouse,
and in the event of the failure of such person to satisfy the lien-
and to remove the goods within the time so specified, the ware-
houseman may sell the goods at public or private sale, without
advertising. If the warehouseman, after a reasonable effort, is
unable to sell such goods, he may dispose of them in any law-
ful manner, and shall incur no liability by reason thereof.

The proceeds of any sale made under the terms of this sec-
tion shall be disposed of in the same way as the proceeds of
sales made under the terms of the preceding section.

SEC. 35. The remedy for enforcing a lien herein provided
does not preclude any other remedies allowed by law for the
enforcement of a lien against personal property, nor bar the
right to recover so much of the warehouseman's claim as shall
not be paid by the proceeds of the sale of the property.

SEC. 36. After goods have been lawfully sold to satisfy a
warehouseman's lien, or have been lawfully sold or disposed of
because of their perishable or hazardous nature, the warehouse-
man shall not thereafter be liable for failure to deliver the
goods to the depositor, or owner of the goods, or to a holder
of the receipt given for the goods when they were deposited,
even if such receipt be negotiable.

SEC. 37. A negotiable receipt may be negotiated by delivery:

(a) Where, by the terms of the receipt, the warehouseman
undertakes to deliver the goods to the bearer; or

(b) Where, by the terms of the receipt, the warehouseman
undertakes to deliver the goods to the order of a specified per-
son and such person or a subsequent indorsee of the receipt has
indorsed it in blank or to bearer.

Where, by the terms of a negotiable receipt, the goods are
deliverable to bearer, or where a negotiable receipt has been
indorsed in blank or to bearer, any holder may indorse the
same to himself or to any other specified person, and in such
case the receipt shall thereafter be negotiated only by the in-
dorsement of such indorsee.


 

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Session Laws, 1910 Session
Volume 487, Page 54   View pdf image (33K)
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